Royal Bank of Canada (RY) Stock Near Record Highs Ahead of Q4 2025 Earnings: Buy, Hold or Take Profits?
Royal Bank of Canada (TSX: RY, NYSE: RY) heads into its fourth‑quarter 2025 earnings week trading close to all‑time highs and sitting at the centre of a big debate: has the post‑HSBC‑deal, AI‑powered rally gone too far, or is there more room for this Canadian banking giant to run? On the New York Stock Exchange, RY closed on December 1, 2025 at about US$152.89, with an after‑hours quote around US$154.29 — just shy of its 52‑week high of US$154.64. That gives the bank a market cap near US$217 billion, a trailing P/E of about 16.0 and a forward P/E around 14.3, according to StockAnalysis.StockAnalysis On the Toronto Stock Exchange,